Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
Businesses are rapidly adopting artificial intelligence (AI), but many are falling behind in implementing the safeguards needed to manage associated risks, according to a recent report. The report highlights that while AI is being widely used to improve efficiency, automate Read More …
Customer service failures in banking are often underestimated as operational issues. In reality, they are significant risk events that can directly impact reputation, regulatory compliance, and customer trust. In an environment where customers expect fast, transparent, and consistent service, even Read More …
Indian companies are increasingly shifting their approach from simply purchasing insurance to adopting comprehensive risk management strategies, reflecting a more mature and structured outlook towards business risks. According to the report, corporates are no longer viewing insurance as a standalone Read More …
Gartner highlights that emerging artificial intelligence (AI) systems are transforming how organisations manage operational risk, enabling a shift towards resilience-driven frameworks. According to the report, traditional operational risk management focused primarily on identifying failures and ensuring compliance. However, with increasing Read More …
Risk management failures in banking rarely occur due to a single issue. They are usually the result of weak governance, poor oversight, delayed action, and gaps in control frameworks. These failures have significant consequences, including financial losses, regulatory penalties, and Read More …
Risk landscapes are evolving rapidly as organisations adopt new technologies and operate in increasingly complex regulatory environments. In 2026, risk is no longer confined to traditional financial or operational categories. It is becoming interconnected, dynamic, and difficult to predict. Artificial Read More …
KnowBe4 has introduced ‘Agent Risk Manager’, a new solution designed to identify and manage human-related cybersecurity risks within organisations, reflecting a growing focus on the human element in cyber defence strategies. According to the report, the platform evaluates user behaviour, Read More …
Enterprises are redefining risk management by shifting from compliance-driven approaches to intelligence-led frameworks powered by artificial intelligence (AI) and data analytics. The transformation reflects the need to manage increasingly complex and fast-evolving risks in a digital environment. According to the Read More …
The Office of the Comptroller of the Currency (OCC) has released Bulletin 2026-13, reinforcing expectations for banks to strengthen risk management practices and governance frameworks in an increasingly complex financial environment. According to the bulletin, banks are required to maintain Read More …
The Health Sector Coordinating Council (HSCC) has released new guidance aimed at helping healthcare organisations manage risks associated with third-party artificial intelligence (AI) solutions. According to the report, the guidance focuses on strengthening oversight of external vendors providing AI-driven tools Read More …